Post Utme Ims U 2024 Economics Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Ims U Economics examination.

Post Utme Ims U 2024 Economics Objective / Multiple Choice
Question 24 POST_UTME_IMS_U • 2024 • ECONOMICS • objective

A firm's production function is given by Q = 2L^\( 1/2 \)K^\( 1/2 \), where L is labor and K is capital. If the firm's current labor and capital inputs are L = 16 and K = 9, respectively, what is the firm's current output level?

Answer Options

Correct Answer A. 32
B. 64
C. 128
D. 256
Correct Answer
A
Correct Option:
32

About This Question

This is Post Utme Ims U 2024 Economics Question 24. It is one of the objective questions from the 2024 Post Utme Ims U Economics examination.

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